Tuesday, February 19, 2019

Devon Energy To Pursue Separation Of Canadian And Barnett Shale Assets

Devon Energy Corp. (DVN) announced its board has authorized the company to pursue the separation of its Canadian and Barnett Shale assets to complete its transformation to a high-return U.S. oil growth business. Devon will evaluate multiple methods of separating the assets, including a potential sale or spin-off. The company expects to complete the separation by the end of 2019.

from RTT - Earnings http://bit.ly/2NdGwq1
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